Akshay15

Euro At Cusp Of a Bearish Breakdown

Short
FX:EURUSD   Euro / U.S. Dollar
Momentum indicator on a weekly time frame is suggesting that Euro is going up but with decreasing momentum, In that case it is very high possibility that Eur/Usd pair will soon follow momentum on a higher time frame & start trending south. In addition long build up In Euro by Non-Commercials is at highest levels since 2009.

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